INTRA-DAY USD/JPY OUTLOOK

Despite dlr's anticipated minor rebound fm 77.99
to 78.27 (NY) Friday n mild upside bias remains, as
broad outlook remains 'consolidative', abv res at
78.45 needed to bring further subsequent gain to
78.65/70, however, reckon 79.00 shud hold fm here.
Look to buy dlr on dips to 78.05 as only below
sup at 77.89/94 aborts intra-day bullishness.

Range Forecast
78.05 / 78.25

Resistance/Support
R: 78.45 / 78.68 / 79.10
S: 77.89 / 77.75 / 77.48

Rate
78.15

Last Update At
06 Nov 2011 23:13 GMT